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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (801336)	8/14/2014 12:16:07 PM
From: tejek	Read Replies (1) \| Respond to of 1576364

Russia's Economy Ministry is forecasting $100 billion in capital outflows for this year, up from $61 billion in 2013, but that looks optimistic. Indeed some think that figure has already been exceeded. "Somewhere between $100 billion and $200 billion of capital flight has taken place," said U.S. President Barack Obama on Aug. 6. European Central Bank President Mario Draghi said back in May that the crisis had prompted "very significant outflows that have been estimated by some to be in the order of 160 billion euro ($214 billion) out of Russia". Even economists from Moscow's Higher School of Economics forecast outflows could total $130-$150 billion this year. It looking more and more like petulant putin screwed the pooch. Now there is talk of stopping the construction of his northern oil pipeline. And a recent poll is showing a huge drop in the percentage of Russians who favor an invasion of the Ukraine. Watching a Russian winger in action is almost as much fun as watching an American one.